Quote:
Originally Posted by shimano
Are you an idiot? Your post does not dispute anything. I said the legal MINIMUM a charity has to spend on the victims is 10%. You reply with a charity can spend 100%. No Shirlock.
The legal minimum is 10% and the maximum is obviously 100%. The 90% that I mentioned was the max that a charity can spend on administrative costs, ads, fundraising, overhead, junkets to Hawaii, ect.
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If you had told me you had a reading comprehension problem, I would have tried to break it down further. My post presents the law. There is
no law that states any legal minimum that the Red Cross must spend on victims.
A charity can spend 100% on administrative costs if it so chooses. However, charities tend to follow recommendations from various national non-profit watchdog organizations and attempt to make themselves look good to donors by limiting their overhead and fundraising/development costs.
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